clima di positività

English translation: return to/recovery of an optimistic climate

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10:24 Mar 9, 2007

Italian to English translations [PRO]Bus/Financial - Economics

Italian term or phrase:clima di positività

I am having trouble coming up with a suitable translation for the following and "recovered positive climate" seems wrong:

"Although the first quarter ended with a market atmosphere of renewed optimism,
based on a wave of stronger cyclical news late in the quarter, returns and
market sentiment eroded steadily as the year progressed. In particular, the
third quarter of 2002 was the worst quarter for global equity markets in
fifteen years. "